Fortinet officer plans $8.8M stock sale
Fortinet officer John Whittle filed a Rule 144 notice to sell 56,700 shares of common stock after exercising stock options for cash.
Rhea-AI Filing Summary
Fortinet, Inc. (FTNT) is the issuer of common stock that officer John Whittle has filed to sell under Rule 144. The notice covers a proposed sale of 56,700 shares of common stock on September 14, 2026, following an exercise of stock options for cash, with sales expected on NASDAQ.
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Key Figures
Shares to be sold: 56,700 shares
Aggregate value: $8,849,169.00
Planned sale date: September 14, 2026
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5 metrics
Shares to be sold
56,700 shares
Common stock proposed for sale under Rule 144 by officer John Whittle
Aggregate value
$8,849,169.00
Dollar amount associated with the 56,700 shares of Fortinet common stock in the notice
Planned sale date
September 14, 2026
Date on which the Rule 144 sale of 56,700 shares is listed
Acquisition method
Exercise of stock options
Source of the 56,700 shares to be sold for cash
Trading market
NASDAQ
Market designated for the sale of Fortinet common stock in this notice
Key Terms
Rule 144, Exercise of Stock Options, Common stock
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Exercise of Stock Options financial
"Common | 09/14/2026 | Exercise of Stock Options | Issuer"
Common stock financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing for FTNT disclose about John Whittle?
The filing states that officer John Whittle has filed a notice under Rule 144 to sell 56,700 shares of Fortinet, Inc. common stock, with the planned transaction date of September 14, 2026, after exercising stock options for cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.